Forex - Aussie weaker after mixed data on China prices, the strong yen

Investing.com - The Australian fell and the yen gained even more in Asia on Thursday with China's prices were mixed after the consumption levels decreased, but the producer fell less than expected.USD / JPY changed hands at 106.67, down 0.30%, while the AUD / USD is trading at 0.7478, down 0.15%, with the fortune closely linked to trade with China currency.In China, the May CPI data showed a fall of 0.5% month to month, more than the 0.2% drop seen, and increased 2.0% year on year, lower than the 2.3 % increase expected, while producer prices fell 2.8%, less than the 3.3% year on year is expected.Earlier in Japan, core machinery orders for April plunged 11.0%, compared with a fall of 3.8% recorded the month and decreased 8.2% year over year compared to 2.3% drop seen.NZD / USD was trading at 0.7120, up 0.39%, after the central bank of New Zealand kept the official cash rate steady at 2.25% and marked margin for the relaxation.The US dollar index, which measures the strength of the greenback against a trade-weighted basket of six major currencies, was last down 0.14% to 93.46.Overnight, the dollar fell to a fresh one-month low against major currencies in quiet trade on Wednesday, as uncertainty over the timing of the next rate hike US He continued to dampen demand for the dollar.Sentiment on the dollar remains fragile after Federal Reserve President Janet Yellen said on Monday that the US central bank will not raise interest rates until the uncertainty about the economic outlook is resolved.Yellen said he expects economic recovery to continue, but gave no indication of the date of an upcoming rate increase.

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